Bitcoin
BTC$29 906.45

1.19%

Ethereum
ETH$2 006.73

1.31%

Tether
USDT$0.998861

0.02%

USD Coin
USDC$1.000391

0.01%

Binance Coin
BNB$316.79

1.33%

XRP
XRP$0.417070

0.10%

ADA price hits $3 for the first time as Cardano, Ethereum lead crypto super bull cycle


02 Sep 2021

#Cardano

There's a firm sense of "altseason" across crypto markets Thursday, with one analyst calling the next phase of a "super bull cycle." Cardano’s ADA token surged to new all-time highs on Sep. 2 as an altcoin comeback gripped cryptocurrency markets. Data from Cointelegraph Markets Pro and TradingView showed ADA/USD clipping $3.06 during trading Thursday.

Having shown strength for multiple weeks, Cardano benefited from a broader altcoin resurgence after attempting to hit the $3 mark throughout the second half of August. The move coincided with the launch of the Cardano Alonzo testnet, ahead of a mainnet debut later this month. At the time of writing, ADA/USD remained above $3 while taking a break at $3.066 on Binance.

Weekly gains totaled 17.2%, while Ether (ETH) nonetheless outshined within the top-ten cryptocurrencies by market cap with 20.5% weekly returns. ETH/USD traded at almost $3,800 Thursday, around $600 short of its historic all-time highs seen in mid-May.

Stars align for a crypto bull run

ETH had begun the upwards moves for altcoins, which originally came about as Bitcoin (BTC) cooled around $47,000. As BTC/USD then began to follow suit, a snowball effect appeared to enter the market, with all but three of the top-50 crypto tokens in the green on the day.

“We're entering the second phase of this super bull cycle and I like it. Enjoy it,” Cointelegraph contributing analyst Michaël van de Poppe summarized.

As Cointelegraph reported, the foundations appear to be in place for renewed strength in Bitcoin and altcoins, the former's on-chain metrics and fundamentals firmly bullish.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 57.6% 84 $29 906.45 1.19% -0.93% $569 615 124 749 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 56.8% 88 $2 006.73 1.31% -3.60% $242 575 430 000 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.2% 1 $0.998861 0.02% 0% $73 191 653 422 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 92.4% 1 $1.000391 0.01% 0% $53 095 646 398 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 59.6% 88 $316.79 1.33% 4.98% $51 725 100 830 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 60.4% 89 $0.417070 0.10% -2.43% $20 162 437 867 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $0.999756 -0.07% -0.22% $18 513 212 786 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 59.2% 91 $0.535071 0.10% -4.15% $18 052 780 745 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 58.8% 88 $51.57 2.05% -5.27% $17 496 824 554 SOL 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 56.8% 92 $0.085116 0.07% -5.10% $11 292 451 422 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 56.4% 87 $10.08 0.86% -9.13% $9 955 703 739 DOT 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 59.6% 90 $31.39 4.58% -10.83% $8 448 611 482 AVAX 7 days price change
13 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 57.6% 84 $29 892.78 1.26% -0.99% $8 268 429 569 WBTC 7 days price change
14 TRON (TRX) TRX TRON predictions 70.8% 53 $0.076139 2.55% 10.86% $7 366 589 571 TRX 7 days price change
15 Dai (DAI) DAI Dai predictions 94% 1 $1.000541 -0.05% 0.02% $6 532 230 569 DAI 7 days price change

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